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Tax Lawyer, Vol. 63, No. 2 CONTINUITY OF BUSINESS ENTERPRISE 471471Continuity of Business Enterprise: A Concept Whose Time Has PassedDAVID F. SHORES*I. IntroductionSince the early days of the federal income tax, corporate reorganizations have received preferential treatment.1 For example, suppose Target Corporation (T) is merged into the acquiring corporation (P) with the T shareholders receiving P stock. The transaction qualifies as a reorganization under section 368(a)(1)(A), which provides...